AIM Archives - Tag: squander

Your product launch should be as customer-targeted as your product development.

203-Targeted-Launch

Should your product launch include email… trade shows… pay-per-click? Every market segment tends to favor different venues to learn about new ideas. Rather than guessing—and squandering your budget—you should study customers’ behavior. Don’t think, “How do we communicate?” Instead think, “How do they learn?”

More in article, Stop Squandering Your Product Launch Budget

 

Skip quantitative interviews if you’ve got extra R&D resources to squander.

148 Wasted Resources

After qualitative interviews, seek customer ratings on key outcomes: “How important is abrasion resistance on a 1-10 scale? And how satisfied are you today with abrasion resistance on a 1-10 scale?” This lets you converge with confidence on only those outcomes customers care about… those with Market Satisfaction Gaps over 30% (important and unsatisfied).

More in white paper, Catch the Innovation Wave (page 11).